Societe Generale Gives buy Rating to Technip (TEC)
Technip traded up 0.04% on Thursday, hitting €89.25. Technip has a 52-week low of €65.26 and a 52-week high of €92.36. The company has a market cap of €11.162 billion and a price-to-earnings ratio of 19.62.
A number of other analysts have also recently weighed in on TEC. Analysts at AlphaValue reiterated a “reduce” rating on shares of Technip in a research note to investors on Thursday, November 22nd. They now have a $108.85 price target on the stock. Separately, analysts at Oddo & Cie reiterated a “buy” rating on shares of Technip in a research note to investors on Tuesday, November 13th. They now have a $124.05 price target on the stock. Finally, analysts at CIC Securities reiterated a “buy” rating on shares of Technip in a research note to investors on Monday, November 12th. They now have a $124.05 price target on the stock.
Technip SA (Technip) is a holding company. Technip is engaged in project management, engineering and construction for the energy industry, and holds a portfolio of solutions and technologies.
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